Tax Indemnity Expiration Date definition

Tax Indemnity Expiration Date means the sixtieth (60th) day following the expiration of the applicable statute of limitations for the applicable Tax.
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Tax Indemnity Expiration Date means the earlier of (a) the date that is ninety (90) days after the expiration of the applicable statute of limitations (including all valid extensions) and (b) with respect to Tax Returns that were timely filed, the date that is seven (7) years from the Closing Date.
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Examples of Tax Indemnity Expiration Date in a sentence

  • The respective rights of the Parties to bring a claim for indemnification or other payment, and their respective indemnification or other payment obligations set forth in this ARTICLE IX, shall survive until the Tax Indemnity Expiration Date.

  • The rest of the affected institutions including 3 schools will have their perimeter fences re-built before construction of the road and the services will be maintained at an equivalent level.

  • All of the covenants and agreements of Seller and the Purchaser Parties contained in this Agreement which, by their terms, are to be performed or complied with in their entirety at or prior to the Closing, and all claims and causes of action with respect thereto, shall terminate fifteen (15) months from the Closing Date; provided that the covenants and agreements contained in Section 5.4 shall survive until the Tax Indemnity Expiration Date.

  • Notwithstanding anything to the contrary in this Section ‎7.10(a), (x) in no event will Seller be entitled to payments under this Section ‎7.10(a), individually or in the aggregate, in excess of $5,000,000 and (y) Seller’s right to any payment pursuant to this Section ‎7.10(a) shall terminate on the Tax Indemnity Expiration Date.

Related to Tax Indemnity Expiration Date

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the Dutch Note and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Option Expiration Date means the last day of the maximum term of an Option.

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Defects Liability Expiry Certificate means the certificate to be issued by the Client to the Contractor, in accordance with the Contract.

  • Offer Expiration Date has the meaning set forth in the definition of “Offer to Purchase.”

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Indemnity Period means the period during which the results of the business are affected resulting from the occurrence beginning with the date of the accident causing injury but not exceeding the maximum indemnity period

  • Lease Termination Date means the last day of the Lease Term.

  • License expiration date means June 30 of even-numbered years.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Indemnification Escrow Amount has the meaning specified in Section 3.6(a).

  • Indemnity Escrow Amount means $3,000,000.

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;